International

 

 


Down to Earth No. 70, August 2006

NGOs and indigenous peoples have called for greater attention to be paid to the impacts of lending by international financial institutions (IFIs) on indigenous rights.


DTE Factsheet, May 2006

What is FDI?

Foreign Direct Investment (FDI) is an important feature of an increasingly globalised economic system. It occurs when a company based in one country makes a long-term investment in a company located in another country. The 'home country' company may gain partial or total control of the 'host country' company. The direct investor does this by purchasing an existing overseas enterprise, providing capital to start a new one or buying 10% or more of it.

Down to Earth No 68   February 2006

Indonesia's Anti-Debt Coalition (KAU) has accused the Indonesian government of lacking any sense of urgency in its post-tsunami reconstruction work. In a statement issued exactly one year after the disaster struck, KAU criticised the government of President Susilo Bambang Yudhoyono for failing to seize opportunities to reduce Indonesia's debt.

Down to Earth No 68  February 2006

United Fiber System (UFS) is going ahead with a wood chip mill and paper pulp plant in South Kalimantan as well as running the Kiani Kertas plant in East Kalimantan - all in the face of international opposition.

UFS received a boost to its plans to become one of the world's major paper pulp producers when the Indonesian Supreme Court ruled in its favour in a dispute between the company and the Indonesian government in early October 2005.

Down to Earth No 68  February 2006

After a year of negotiations and pressure from Indonesian and international civil society groups, the Roundtable on Sustainable Palm Oil (RSPO) accepted the Principles & Criteria drafted by its working group at its meeting in Singapore on 22 - 23 November 2005.

Down to Earth No 68  February 2006

Despite protests from NGOs, the Asian Development Bank has approved a loan for BP's giant Tangguh gas project in West Papua.

In December 2005, the Asian Development Bank (ADB) decided to put US$350 million towards the $5.5 billion gas extraction and liquefied gas processing plant, now being developed by Anglo-US multinational BP, in Bintuni Bay, in the western part of West Papua.

This project has attracted critical attention because of the actual and potential impacts on local people and the e